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$105,000
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Property Description
Opportunity Knocks in Mt. Morris! This fully occupied 3-4 unit apartment building is conveniently located just steps from downtown Mt. Morris. Featuring a newer roof and replacement windows, this investment property is well maintained and ready for its next owner. Each of the one-bedroom apartments comes equipped with a stove and refrigerator, plus tenants enjoy the convenience of on site coin laundry. With separate utilities, off street parking on a blacktop drive for four cars, and long term tenants providing steady cash flow, this is a fantastic opportunity to grow your investment portfolio.
Full Property Details
Full Property Details for 8 1/2 E Main St
General
- Sold For: $105,000
- Taxes: $2,802 (2024)
- Status: Closed
- Type: Multi-Family
- Source: MRED
- MLS ID: 12453580
- Added to Site: 143 day(s) ago
Rooms
Bathrooms
- Total Bathrooms: 3
Bedrooms
- Total Bedrooms: 3
Additional Information
- Other Features: School Bus Service
Parking
- Total Spaces: 4
- Parking Features: On Site, Owned
- Parking On-Site: Yes
Location
- Area: Mount Morris
- County: Ogle
- Driving Directions: East on Main going through Mt Morris
School Information
- School District: 220
- Midd School District: 220
Heating & Cooling
- Heating Type: Electric
Utilities
- Water: Public
Structural Information
- Construction: Concrete
- Exterior Const.: Concrete
- Basement Desc.: Partially Finished, Full
- Foundation: Concrete Perimeter
- Roof: Asphalt
- Year Built: 1950
- Built Before 1978: Yes
Unit Information
- Units in Building: 3
Lot Features
- Lot Size (Acres): 0.11
- Lot Size Range: Less than .25 Acre
- Lot Dimensions: 36.4 x 135
Financial Considerations
- Parking Included: Yes
- Assessment Year: 1950
- Tax Amount: $2,802.92
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Property ID: 8274280120000
Listed by RE/MAX of Rock Valley
Sold by Dickerson & Nieman Realtors - Rockford
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Schools
Schools serving 8 1/2 E Main St
School District:Oregon Community Unit School District 220
| Name | Grades | Distance |
|---|---|---|
Oregon Elementary School 1150 Jefferson Street, Oregon, IL 61061 | PK-6 | 5.2 mi |
David L Rahn Junior High School 105 West Brayton Road, Mount Morris, IL 61054 | 7-8 | 0.3 mi |
Oregon High School, Oregon, IL 210 South 10th Street, Oregon, IL 61061 | 9-12 | 5.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 8 1/2 E Main St
Date
Details
Price
Change
Source
9/24/2025
Sold
$105,000
16.8%
MLS
8/25/2025
Listed
$89,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
8 1/2 E Main Street, Mount Morris, IL 61054 (MLS# 12453580) is a Multi-Family property that was sold at $105,000 on September 24, 2025. Want to learn more about 8 1/2 E Main Street? Do you have questions about finding other Multi-Family real estate for sale in Mount Morris? You can browse all Mount Morris real estate or contact a Coldwell Banker agent to request more information.

